To read this content please select one of the options below:

A Wisconsin Austrian: William Amasa Scott


William Amasa Scott was in his time well-known as a monetary economist as well as a popularizer of economic ideas, whose opinions were widely regarded by the public. A proponent of Austrian economics and defender of classical economic theory, he soon found a home at the School of Economics, Political Science and History (later the School of Economics) at the University of Wisconsin which, while initially a mainstream department, would evolve into the citadel of Institutional Economics. Notwithstanding his status as an authority on monetary economics and his place as a public intellectual, he remained at the University something of an outsider throughout his career and today is largely forgotten.




I wish to thank Malcolm Rutherford, Marianne Johnson, Robert W. Dimand, and two anonymous referees for comments on earlier drafts.


McCann, C.R. (2021), "A Wisconsin Austrian: William Amasa Scott", Fiorito, L., Scheall, S. and Suprinyak, C.E. (Ed.) Research in the History of Economic Thought and Methodology: Including a Symposium on Frank Knight's Risk, Uncertainty and Profit at 100 (Research in the History of Economic Thought and Methodology, Vol. 39C), Emerald Publishing Limited, Bingley, pp. 121-146.



Emerald Publishing Limited

Copyright © 2022 Emerald Publishing Limited